EchoSign for Salesforce has rapidly taken off since its launch, and we've learned a lot of new things. One of the most interesting is that with EchoSign fully integrated into an existing enterprise-wide customer data repository (Salesforce.com), EchoSign for Salesforce provides a unique opportunity to truly and instantly go paperless for contract execution and archiving.
Statistics Canada put out a report this week that noted that the Paperless Office is not only a myth, but confirmed that use of paper is still growing exponentially:
"Not
only is the notion of a paperless society defeated by existing data,
but a visit to any modern office workplace will confirm that printers
everywhere continue to spit out massive amounts of paper, and paper
recycling bins are full."
The Life Out Here blog picked this up and took it to its most important conclusion:
"All these years we have been spewing out paper - what we should be
doing is the inverse. We should be sucking up all the paper we
encounter and we should put it into a database. Further, all of the
paper that we normally spew out should not be printed. Instead, it too
should go into the database." [emphasis added]
A problem with document and contract management systems is they require you to take paper content, scan it one way or another, and then manually input it into a database. Since manual steps are required, compliance will rarely be high enough to create confidence that a secondary paper back-up copy isn't necessary.
So what does this have to do with EchoSign for Salesforce and the Paperless Office? A lot. By emailing out contracts for signature from EchoSign for Salesforce, the second the contract is signed, not only are all parties emailed copies, but a PDF copy is automatically place in Salesforce.com as well. Automatically. No scanning, no inputting, no mistakes, no errors. While the document execution may or may not have been paperless (depending on if you used an EchoSign fax signature or e-signature), but the document database can now be made paperless in a totally automated fashion. And the signed contracts themselves automatically reside in a database trusted and relied upon by the enterprise - Salesforce.com.
Try EchoSign-for-Salesforce out on AppExchange.